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Web3 Series: JD Ross and 3LAU on How Royal is Transforming The Artist-Fan Relationship
Manage episode 333114283 series 2832826
By Village Global. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
JD Ross (@justindross) and Justin Blau (@3LAU), co-founders of Royal, join Erik Torenberg and co-host Ian Cinnamon for this episode of our web3 series. Takeaways:
- Royal stems from their vision to invest in talent early on.
- Streaming increased by 60-70x in about 5 years from 2015 on.
- The barrier to entry for artists is much lower — they no longer need a studio, they just need a laptop.
- Royal is trying to enable the fan-artist relationship to be more of a partnership.
- When fans own a part of an artist’s song, they are tied for life.
- Justin has sold a ton of tickets in his career but he has zero idea of who those fans are and doesn’t have the ability to contact them. The data layer built into Royal helps artists connect with their fans.
- In the future, music labels will become much more competitive for artists than they have been in the past.
Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.
Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.
Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup
- Royal stems from their vision to invest in talent early on.
- Streaming increased by 60-70x in about 5 years from 2015 on.
- The barrier to entry for artists is much lower — they no longer need a studio, they just need a laptop.
- Royal is trying to enable the fan-artist relationship to be more of a partnership.
- When fans own a part of an artist’s song, they are tied for life.
- Justin has sold a ton of tickets in his career but he has zero idea of who those fans are and doesn’t have the ability to contact them. The data layer built into Royal helps artists connect with their fans.
- In the future, music labels will become much more competitive for artists than they have been in the past.
Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.
Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.
Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup
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